Onity Group lowers 2026 ROE forecast due to Q1 servicing losses.
Onity servicing's UPB reached $338B, yet the segment reported a $16M adjusted pre-tax loss amid rising MSR runoff, raising concerns for private lenders.
Mortgage Rates Rise to 6.5% Due to Global Economic Volatility
Mortgage rates are now at 6.5%, reflecting a shift in financial markets' attention from economic indicators to rising geopolitical tensions.
Darryl Davis: Market Changes Favor Skilled Professionals in Mortgages
In a cooler market, experienced real estate agents can enhance their visibility, offer valuable market insights, and demonstrate strong negotiation skills.
Generic AI Cannot Resolve Mortgage Lending Issues; Intelligent AI Can.
Mortgage lenders must leverage AI to transform operations, shifting focus from mere paper-pushing to strategic outcomes for a competitive edge in the industry.
Veterans Identify Upfront Costs as Primary Barrier to VA Loans
NewDay USA study reveals 55% of borrowers hold misconceptions about VA loans, with 33% unaware of 0% down payment and no PMI benefits for veterans.
Stanley Martin Completes $221 Million Acquisition of United Homes
Stanley Martin's all-cash acquisition of United Homes for $221M enhances its presence in the Southeast, positioning it for future growth and market expansion.
FHLBank Chicago Launches Affordable Housing Program for 2026
FHLBank Chicago has launched an affordable housing program offering $51 million with grants up to $2 million per project, promoting increased housing accessibility.
Wendy Forsythe discusses strategies for women to enter the C-suite.
Forsythe encourages women to seize opportunities and make bold moves, emphasizing the importance of creating their own paths in the mortgage industry.
Mike Miedler: Hiring Latino talent is a growth strategy, not just diversity.
Latino homebuyer demand is increasing, with 13% Latino membership in NAR highlighted by Mike Miedler, emphasizing the need for pipeline and training investments.
Survey Reveals Nearly Half of Americans Oppose Data Center Development
Gen Z and millennials show higher support for local data centers compared to older generations, indicating shifting attitudes toward technology and development.